Variety of changes are being seen in the market position of
Accenture plc (ACN). Multiple hedge funds and investment firms have altered their holdings. While funds such as
Orion Portfolio Solutions LLC, United Services Automobile Association, National Bank of Canada FI, and
SageView Advisory Group LLC have reportedly lessened their positions in Accenture, others like
Kovitz Investment Group Partners LLC, Worldquant Millennium Advisors LLC, and
State Street Corp have increased their stakes. Simultaneously,
Goldman Sachs has upgraded Accenture to 'Buy', and its
Big Data and
Predictive Analytics stocks are drawing investor attention. Accenture's stock performance hints at strong fundamentals, though some institutions, including
Baird, expect potential pressure on Accenture's shares owing to mild EPS guidance reduction. The Accenture stock has had variable progress, with both increases and decreases. Accenture has covered the news due to reasons like its AI expansion and strategic acquisitions planned for 2024, and its stock has been tagged as trending. The company has institutional shareholders owning 77%-78% of the company. Accenture's partnership with Nvidia to drive enterprise innovation is worth noting. Their robust financials and low debt usage are positive indicators.
Accenture Plc ACN News Analytics from Fri, 21 Jun 2024 07:00:00 GMT to Sat, 07 Dec 2024 16:53:07 GMT -
Rating 5
- Innovation 7
- Information 7
- Rumor 2
